Question: Answer should be clear and understandable Question The A1 bread bakery keeps stock of a popular brand of bread called Brawn-bread. The daily demand of

Answer should be clear and understandable
Question The A1 bread bakery keeps stock of a popular brand of bread called Brawn-bread. The daily demand of this Brawn-bread is based on past experience as given below: Daily demand: 0, 15, 25, 35, 45, 50 Probability: 0.01, 0.15, 0.20, 0.50, 0.12, 0.02 Consider the following sequence of Random numbers: 48, 78, 9, 51, 56, 77, 15, 14, 68, 9 i) Establish the random number interval ii) iii) Using the sequence, simulate the demand for next 10 days Find the stock situation if the owner of the bakery decides to make 35 Brawn-bread everydayStep by Step Solution
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